Compare Mortgage Lenders
Select two lenders to compare side by side using 2023 HMDA federal data: approval rates, denial rates, loan sizes, loan types, and geographic reach.
Key Metrics
| Metric | Equitable Savings & | BANK OF COLORADO |
|---|---|---|
| Total Applications | 161 | 1,931 ▲ |
| Loans Originated | 114 | 1,302 |
| Approval Rate (higher is better) | 70.8% ✓ | 67.4% |
| Denial Rate (lower is better) | 9.3% ✓ | 12.3% |
| Avg Loan Amount | $210,963 | $388,004 |
| Avg Interest Rate (lower is better) | N/A | 7.504% |
| Avg Applicant Income | N/A | $35,000 |
| Applications Denied | 15 | 238 |
| Applications Withdrawn | 15 | 351 |
✓ Better indicates the more favorable value for borrowers. Data: CFPB HMDA 2023.
Loan Type Mix
| Loan Type | Equitable Savings & | BANK OF COLORADO |
|---|---|---|
| Conventional | 141 (87.6%) | 1,788 (92.6%) |
| FHA | 10 (6.2%) | 124 (6.4%) |
| VA | — | 14 (0.7%) |
| USDA | 10 (6.2%) | 5 (0.3%) |
Loan Purpose Breakdown
| Purpose | Equitable Savings & | BANK OF COLORADO |
|---|---|---|
| Home Purchase | 77 | 1,009 |
| Home Improvement | 32 | 370 |
| Other | 22 | 226 |
| Cash-out Refinancing | 21 | 56 |
| Refinancing | 9 | 270 |
Summary
- 161 total applications · 114 originated
- Approval rate: 70.8%
- Denial rate: 9.3%
- Avg loan: $210,963
- HQ: Sterling, CO
- 1,931 total applications · 1,302 originated
- Approval rate: 67.4%
- Denial rate: 12.3%
- Avg loan: $388,004
- Avg rate: 7.504%
- HQ: FORT COLLINS, CO
Methodology
Comparisons are drawn from the CFPB 2024 HMDA Snapshot National Loan-Level Dataset, published by the Consumer Financial Protection Bureau and distributed via the FFIEC. Every figure on this page comes from lenders' mandatory HMDA filings — not voluntary marketing claims.
Approval (origination) rate = originated ÷ total applications. Denial rate = denied ÷ total applications. Rates do not sum to 100% because HMDA also records withdrawn, incomplete, and approved-but-not-accepted outcomes. Denial rates reflect a lender's applicant mix as much as its underwriting stance; compare alongside loan-type mix and geography before drawing conclusions.
Side-by-side comparisons are informational only and do not constitute financial, legal, or mortgage advice. Always obtain and compare written Loan Estimates before applying.